Year: 2015

Excellon Announces Closing of C$6.6 Million Financing

Excellon Resources Inc., Mexico’s highest grade silver producer, is pleased to announce that it has completed its previously announced C$6,600,000 financing, comprising C$5,610,000 principal amount of secured convertible debentures of the Company and the sale of a net smelter return royalty on the Platosa Project for C$990,000. References to principal amounts and conversion or exercise prices in respect of the Financing are in Canadian dollars.

Exploration Work Underway With Centerra Gold at Riverside’s Tajitos Gold Project, Sonora, Mexico

Riverside Resources Inc. is pleased to announce that exploration work has commenced with partner Centerra Gold Inc. at the Company’s Tajitos Gold Project in Sonora, Mexico. This first phase of work is already expanding the target size and documenting high quality future drill targets. The initial $300,000 USD exploration program funded by Centerra Gold includes extensive continuous channel rock chip trenching and stream sediment sampling to test the surface expression of grade and continuity of the gold target, which is interpreted to be at shallow depths based upon previous mapping and exploration work completed by Riverside.

Minaurum Raises $2.5 Million

Minaurum Gold Inc. is pleased to announce it has closed the first tranche of a non-brokered private placement raising $2,507,625. Minaurum has issued 50,152,500 common shares at a price of $0.05 per unit. Each unit consists of one common share and one common share purchase warrant. Each warrant will entitle the holder thereof to acquire one additional common share of Minaurum for a period of three (3) years at an exercise price of $0.075. The securities are subject to a four month and one day hold period. A finder’s fee of $147,000 in cash was paid in connection with this financing.

Arian Silver Signs Settlement Deed with Quintana

Arian Silver Corporation, a silver mining company focussed on silver projects in the silver belt of Zacatecas, Mexico, announces that further to its announcement on 29 October 2015 of the termination of the letter of intent and non-binding term sheet with Quintana AGQ Holding Co. LLC, it has now signed an acknowledgement of the Default Notice announced on 3 November 2015 and has further entered into a settlement deed with Quintana AGQ Holding Co. LLC and its affiliates.

Bacanora Announces New Director Appointment

BACANORA MINERALS LTD. The Board of Directors of Bacanora is pleased to announce the proposed appointment of Mark Hohnen as a Director of Bacanora, subject to regulatory approval and finalization of the terms of his appointment.

Millrock Purchases Batamote Copper Project, Sonora Mexico

Millrock Resources Inc. announces that it has entered into an agreement under which it has purchased the Batamote copper project from Minera Teck S.A. de C.V., ultimately a subsidiary of Teck Resources Limited. The property is located approximately 100km northeast of the city of Hermosillo. It is situated between the La Caridad and the Cananea porphyry copper – molybdenum mines, both of which are owned by Grupo Mexico. The property, which is in close proximity to Millrock’s Rio Sonora and Los Cuarentas copper projects, is comprised of three mining concessions that cover a surface area of 5,796 hectares.

Bacterias, nuevos mineros que facilitan la extracción de cobre

“Se está acabando el gigantismo de la minería, la biotecnología podría ser el futuro y con la biolixiviación estamos hablando de optimizar procesos naturales, con menor impacto ambiental y mayor eficiencia”, comentó a la AFP Pilar Parada, gerente general de Biosigma.

McEwen Mining Provides Update on NYSE Listing

“We’ve made good progress in a difficult market. This year we strengthened our balance sheet, increased production, and decreased our costs,” said Rob McEwen, Chief Owner. “I’m not going to take this lying down, I have no intention of being delisted from the world’s premier stock exchange.”

Bearing Provides Update on Proposed Reorganization

Bearing Resources Ltd. is pleased to provide an update on its previously announced corporate reorganization that will transform it from a mineral exploration company to a film, television and digital media company. As announced on May 5, 2015, the Reorganization will include the acquisition by the Company of all of the shares of Odyssey Media Inc., a Vancouver based private company involved in the production and sale of motion pictures. The Company also intends to dispose of all of its mineral assets.

US Precious Metals, Inc. (USPR) Enters into Agreements with J. Streicher Capital, LLC and J. Streicher Advisory, LLC

US Precious Metals Inc., an exploration stage company engaged in the acquisition, exploration and development of mineral properties in the State of Michoacán, Mexico announces the Company has entered into an “Investment Banking” agreement with J. Streicher Capital, LLC, a FINRA registered broker dealer, located in New York City, New York. It also entered into an “Advisory Agreement” with J. Streicher Advisory, LLC, a corporate finance entity.

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